Identifying slow-moving stock

Every product sitting on your shelf for months without selling is money that could be working for you elsewhere. Slow-moving stock ties up capital, takes up space, and eventually expires or goes out of fashion.

Why Slow Stock Hurts Your Business

Cash flow is the lifeblood of a small business. When you buy stock that does not sell, your cash is trapped in inventory. You might look at a shelf full of goods and think "I have plenty of stock," but if none of it moves, you cannot pay rent, salaries, or suppliers.

Using Sales Data to Identify Dead Stock

The only way to know what is selling and what is not is through sales data. A product that sells fewer than one unit per month is likely slow-moving. Compare turnover rates: if you stocked fifty units of Brand A and fifty of Brand B, and Brand A sold forty-five while Brand B sold five, you know Brand B is not working for your customers.

How SokoWise Reports Show Product Performance

SokoWise generates product performance reports that show sales volume and revenue for every item over any period. You can sort by least sold to see your slowest movers first. The system also shows stock value so you know exactly how much capital is tied up in each product. Use this data to run promotions on slow movers, bundle them with fast sellers, or stop ordering them entirely.